WebFilings Launches Fully-Integrated, End-to-End Solution That Streamlines SEC Reporting

data security in the cloud blog
March 17, 2010

WebFilings announced today the launch of its cloud-based software which streamlines and improves the process of developing and filing Securities Exchange Commission (SEC) reports. The software integrates word processing and spreadsheet functionality, EDGAR HTML conversion and XBRL tagging into a single, fully-integrated, end-to-end solution that helps SEC reporting teams meet reporting requirements for a range of regulatory filings.

The WebFilings software, the first of its kind on the market, completely replaces the cumbersome manual process companies currently use to create their SEC reports.

“SEC reporting professionals face a unique and growing set of challenges to create their regulatory reports,” said Matthew Rizai, CEO of WebFilings, “We interviewed dozens of companies, discovered many common reporting issues, and developed a unique, cloud-based solution that streamlines the entire reporting process…our product is like nothing else on the market today.”